Mastercard: Difference between revisions
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|Website=https://www.mastercard.com/ | |Website=https://www.mastercard.com/ | ||
|Description=An American multinational payment card services corporation, offering a range of payment transaction processing and other related-payment services. | |Description=An American multinational payment card services corporation, offering a range of payment transaction processing and other related-payment services. | ||
|Logo=Mastercard | |Logo=Mastercard logo.svg}} | ||
[[wikipedia:Mastercard|'''Mastercard''']] is an American multinational payment card services corporation, offering a range of payment transaction processing and other related-payment services.<blockquote>Mastercard is an international corporation which operates a global financial network. Through this network, it facilitates electronic funds transfers (EFTs) using branded debit, credit and prepaid cards. As an intermediary between financial institutions and businesses, Mastercard supports payment processing by authorising, clearing and settling transactions.<ref>{{Cite web |date=2025-08-15 |title=What is Mastercard? A guide to the card network |url=https://stripe.com/resources/more/what-is-mastercard#what-is-mastercard |url-status=live |access-date=2025-08-15 |website=Stripe}}</ref></blockquote> | |||
==Consumer-impact summary== | ==Consumer-impact summary== | ||
'''Market Control:''' Mastercard operates and maintains the MATCH database. The corporation's global outreach and market dominance allows to use this database to "blacklist" vendors that break their rules. The "rules" can be arbitrary, such as forbidding transactions that "may damage the goodwill of the Corporation or reflect negatively on the Marks."<ref>{{Cite web |date=3 June 2025 |title=Mastercard Rules |url=https://www.mastercard.us/content/dam/public/mastercardcom/na/global-site/documents/mastercard-rules.pdf |url-status=live |access-date=2025-08-15 |website=Mastercard Rules |at=5.12.7 Illegal or Brand-damaging Transactions}}</ref> | '''Market Control:''' Mastercard operates and maintains the MATCH database. The corporation's global outreach and market dominance allows to use this database to "blacklist" vendors that break their rules. The "rules" can be arbitrary, such as forbidding transactions that "may damage the goodwill of the Corporation or reflect negatively on the Marks."<ref>{{Cite web |date=3 June 2025 |title=Mastercard Rules |url=https://www.mastercard.us/content/dam/public/mastercardcom/na/global-site/documents/mastercard-rules.pdf |url-status=live |access-date=2025-08-15 |website=Mastercard Rules |at=5.12.7 Illegal or Brand-damaging Transactions}}</ref> | ||
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==See also== | ==See also== | ||
* [[Valve allows ISPs and payment processors to censor content on Steam]] | *[[Valve allows ISPs and payment processors to censor content on Steam]] | ||
==References== | ==References== | ||